Investors in the Nigerian equities market endured a bearish trading week losing a massive N1.452 trillion on the trading floor of the Nigerian Xchange (NGX). This follows a gain of N1.137tr the previous week. The bourse recorded losses in three of the five trading sessions this week. The market capitalization decreased to N62.851 trillion from…
The Presidency has announced that starting from the end of January, local government areas across Nigeria will begin receiving their allocations directly from the Federal Allocation Account Committee (FAAC), marking a significant step towards local government autonomy. This announcement was made by the Special Adviser to the President on Media and Public Communications, Sunday…
Governor Bassey Otu. By Anietie Akpan, Calabar The Cross River state government will commence the implementation of its comprehensive action plan on environment this year. The State Commissioner for Environment, Hon. Moses Osogi, announced this at an enlarged Environment cluster meeting of Chief Executive Officers (CEOs), Ministries, Departments and Agencies (MDAs) of environment related issues…
Filling stations around Lagos and environs have jerked up their prices to between N1,000 and N1,100. At AP filling station Dalemo, Alakuko Lagos State, the product now sells at N1,090 from the previous N980/liter a few days before. Similarly at Mobil Filling Station, Baale Animasaun Road, Agbado Lagos, the product sells at N1050/liter up from…
The Independent National Electoral Commission (INEC) has confirmed the removal of 7,746 deceased voters from Nigeria’s national voter register across the 36 states and the Federal Capital Territory (FCT) as of December 2022. Victoria Etta-Messi, INEC’s Director of Voter Education and Publicity, disclosed this on Thursday, emphasizing the commission’s ongoing commitment to maintaining an accurate…
